Comments
The government has struck down United Spirits’ proposed pay packages for its CEO Anand Kripalu and CFO PA Murali at ₹6.49 crore and ₹15.31 crore, respectively, which were in excess of limits prescribed under the companies law.
The company, which had got shareholders’ approval in September 2014 for remuneration of the two top executives, said in a regulatory filing it has approached the government to reconsider the decision and approve its proposal. USL is now controlled by British liquor giant Diageo.
Comments
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.